It was just hours ago, less than a day, when we wrote about XRP\u2019s spectacular collapse as the asset plummeted to $1.11 for the first time since before the US presidential elections at the end of 2024.<\/p>\n
This meant that it had shed<\/a> over 50% of its value in a month as it peaked at $2.40 on January 6. Oh, how the landscape in crypto can change in hours sometimes, not even days or weeks.<\/p>\n What happened with XRP\u2019s price since that local low has been nothing short of amazing. There were some signs about a potential rebound, such as the plummeting<\/a> RSI metric, but even the most vocal XRP bulls were probably surprised by the extent of the rally.<\/p>\n After all, the cross-border token skyrocketed by 37% in about 18 hours \u2013 going from the aforementioned low to $1.54 before it faced some resistance and now trades around $1.50. This still represents a 34% surge in less than a day.<\/p>\n Santiment also weighed in on the token\u2019s performance. The analysts acknowledged XRP\u2019s rise in terms of market cap as well, as it now sits above BNB as the fourth-largest crypto asset.<\/p>\n They blamed the massive price pump in the past several hours on the overall network stability and growing activity on the XRP Ledger. Moreover, they showcased a chart indicating that Ripple whales went on an accumulation spree, with almost 1,400 separate $100K+ whale transactions (the highest in four months).<\/p>\n Crypto markets are rebounding, but $XRP<\/a>\u2018s price has been on a particularly huge tear. Since bottoming out below $1.15 just under 18 hours ago, the #4 market cap has now recovered to back above $1.50.<\/p>\n Panic sellers should have stopped to notice the massive activity on the\u2026 pic.twitter.com\/3y0eyGxpo2<\/a><\/p>\n \u2014 Santiment (@santimentfeed) February 6, 2026<\/a><\/p>\n\n The ETF behavior will also be interesting to compare, but we would need to verify the data at the end of the trading day in the US. Preliminary data on SoSoValue shows a minor net inflow even for yesterday, but there\u2019s no official confirmation as of yet, which is rather surprising.<\/p>\n The post XRP Sees Impressive Recovery Wick With Massive 37% Price Surge: Here\u2019s Why<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" It was just hours ago, less than a day, when we wrote about XRP\u2019s spectacular collapse as the asset plummeted to $1.11 for the first time since before the US presidential elections at the end of 2024. This meant that it had shed over 50% of its value in a month as it peaked at […]<\/p>\n","protected":false},"author":0,"featured_media":133220,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-133219","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/133219"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=133219"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/133219\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/133220"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=133219"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=133219"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=133219"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}